MobiKwik Receives RBI In-Principle Payment Aggregator Authorization

Date: May 26, 2026

Regulatory Approval Disclosure

One MobiKwik Systems Limited has received an in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical under the Payment and Settlement Systems Act, 2007. The authorization was granted on May 25, 2026.

Impact and Relevance

According to the disclosure in Annexure-A, this authorization will allow the company to pursue business expansion in the offline merchant business segment. The in-principle approval does not have an expiry date.

No Negative Actions

The disclosure confirms that there is no withdrawal, cancellation, or suspension of the license/approval by the regulatory authority, and therefore no monetary impact or corrective actions are applicable.